4 hours ago
From Michael Saylor to David Bailey, Anthony Pompliano to Jack Mallers, and everyone successful between, there’s a rising tide of executives buying bitcoin for their firm treasuries. Large companies and Wall Street are vacuuming up billions of dollars’ worthy of BTC each week, yet its terms remains comparatively untouched. One Bitcoiner took to Twitter to ask why and received much than 1.3K replies. Here’s the best:
“Can anyone explicate to maine wherefore companies are buying billions of dollars of bitcoin each week and the terms is virtually unchanged implicit the past 6 months?”
Bitcoin Cam’s question intelligibly reflects the broader sentiment of Crypto Twitter, receiving implicit 800,000 views successful a fewer hours and much than 1,300 replies. Even Bitcoin skeptic Peter Schiff chimed successful with his 2 cents:
“The whales who already ain a clump of Bitcoin are selling to these buyers to currency retired their immense gains.”
But the champion reply came from SightBringer, who provides signal-bearing quality crossed macro, crypto, and capital. He said:
“They’re buying billions and the terms isn’t moving due to the fact that this isn’t a marketplace anymore – it’s a controlled ignition chamber.”
Then helium broke it down constituent by point:
1. ETF flows are real. Sovereigns and institutions are accumulating acold bitcoin.
Basically, ample investors similar BlackRock and Fidelity are buying existent bitcoin done peculiar funds called ETFs. This isn’t conscionable unreal money; these are existent coins being tucked distant for the agelong term.
In 2025, nationalist companies bought a grounds fig of bitcoins, and these ETFs are seeing billions successful caller wealth travel in. The coins are being taken disconnected exchanges, truthful less are near for everyone other to bargain oregon sell.
2. Exchange liquidity is fake. Most trading happens connected fractional reserves of “paper bitcoin” – IOUs, not existent coins.
Here, SightBringer explains that astir trading connected large crypto exchanges doesn’t really determination existent coins. Instead, it’s conscionable “paper bitcoin” (IOUs oregon promises to present bitcoin later).
This means there’s a batch of trading, but not overmuch existent bitcoin changing hands. If everyone tried to instrumentality their coins retired astatine once, things could get messy (think Silicon Valley Bank (SVB) successful 2023). This makes the marketplace look bigger than it truly is.
3. Whales are rotating aged proviso retired silently. Early miners and OTC wallets are feeding request without triggering terms – precisely to support it debased during transition.
Echoing Schiff’s reply, successful constituent 3, SightBringer means that ample holders, known arsenic whales, aren’t selling their aged coins connected the unfastened market. Instead, they’re selling softly to caller buyers oregon moving coins to backstage wallets.
This keeps the terms from jumping around. In April alone, Glassnode revealed that whales had absorbed much than 300% of the recently mined bitcoin supply, drastically reducing the coins disposable to everyone else.
4. Volatility is being suppressed. BlackRock, Fidelity, and macro funds request terms stableness to finalize compliance, colony rails, and equilibrium expanse integration.
Big companies and funds don’t similar chaotic terms swings. They request unchangeable prices to marque definite everything works smoothly. BlackRock and others are adjacent saying bitcoin is little volatile than before, which is bully for them, arsenic the plus becomes much credible to investors.
5. The existent breakout is being delayed by design. Because erstwhile this happening moves, it won’t travel back. It becomes untouchable.
SightBringer maintains that the marketplace is being manipulated, with the BTC terms being held backmost connected purpose. When it yet breaks out, it could spell exponentially higher, and it mightiness not travel backmost down. That’s wherefore the large players are getting acceptable now, truthful they’re successful the champion presumption erstwhile the existent determination happens.
“The existent question isn’t “why isn’t it moving?” It’s: Who’s making definite it doesn’t and why?”
The station Billions successful firm buys can’t budge Bitcoin—5 reasons the BTC terms won’t move appeared archetypal connected CryptoSlate.
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